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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (14,120,802) $ (14,346,748)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of equipment 4,730 1,679
Amortization of intangible assets 692,755 345,155
Amortization of right-of-use assets 424,264 106,159
Gain from the disposal of discontinued operations or subsidiaries (99,638)
Impairment of goodwill 2,070,753
Provision of credit loss expenses on convertible notes 2,500,000
Provision of credit loss expenses on loan receivable 650,000
Impairment of intangible assets 2,755,659
Deferred income tax (173,911) 327,822
Changes in operating assets and liabilities    
Accounts receivable 97,804
Other receivables 264 (14,283)
Prepaid and other current assets 1,284,280 (1,291,192)
Other long-term assets (250,740)
Accounts payable (127,297)
Other payables and accrued liabilities 378,536 10,457
Customer deposits 68,531
Lease liabilities (349,679) 9,459
Taxes payable 141,810 (8,478)
Other payables - related parties 131,948 (139,927)
Net cash used in operating activities (5,680,146) (13,240,484)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net increase in cash from disposal of discontinued operations 199,980
Purchase of intangible assets (2,903,104)
Purchase of equipment (14,190)
Purchase of convertible notes (2,500,000)
Loan to a third party (1,900,000)
Repayment of loan to a third party 1,250,000
Net cash used in investing activities (650,000) (5,217,314)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 829,879 12,515,452
Proceeds from issuance of prefunded warrants 5,089,043
Proceeds from exercise of pre-funded warrants 654
Proceeds from related party loans 349,485
Contribution by noncontrolling shareholder 5,483,930
Net cash provided by financing activities 1,180,018 23,088,425
EFFECT OF EXCHANGE RATE CHANGE ON CASH AND CASH EQUIVALENTS (2,852) 155,783
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (5,152,980) 4,786,410
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 5,175,518 389,108
CASH AND CASH EQUIVALENTS, END OF YEAR 22,538 5,175,518
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for income tax
Cash paid for interest
NON-CASH TRANSACTIONS OF INVESTING AND FINANCING ACTIVITIES    
Issuance of common stock for acquisition right, title, and interest in and to the certain software 1,248,000 750,000
The cancellation of the common stock 948,000
Initial recognition of right-of-use assets and lease liability 205,539 1,871,428
Issuance of common stock for 13.3333% interest in SH Xianzhui 3,150,793
Exercise of November 2023 Registered Warrants 136
Exercise of pre-funded warrants pursuant to the Warrant Exchange Agreements 93 96
Exercise of February 2021 Registered Warrants 9
Fair value changes of convertible notes receivable $ (102,027) $ 102,027